Webb Darrell 4
4 · JO-ANN STORES INC · Filed Mar 18, 2011
Insider Transaction Report
Form 4
Webb Darrell
DirectorChairman, President and CEO
Transactions
- Tax Payment
Common Stock
2011-03-16$60.86/sh−101,332$6,167,066→ 274,853 total
Footnotes (1)
- [F1]Represents shares of common stock withheld for payment of tax liability resulting from the vesting of restricted shares. The original restricted share awards were granted on 3/16/2009. 315,458 shares vest in two increments: 210,305 shares two years after the grant date and 105,153 shares three years after the grant date. The remaining shares vest 25% annually for four years, beginning one year from the grant date.